Answer:
total cash collections in June = $101050
so correct option is A. $101,050
Explanation:
given data
month cash sales credit sale
march $19,000 $11,000
April $40,000 $11,000
May $43,000 $35,000
June $59,000 $50,000
to find out
total cash collections in June at Feeney Furniture
solution
we find here total cash collections in June that is express as
total cash collections in June = cash sale in June + ( credit sale in June × 62% ) + ( credit sale in May × 30%) + ( credit sale in April × 5%) .............1
put here value we get
total cash collections in June = $59000 + ( $50000 × 62% ) + ( $35000 × 30%) + ( $11000 × 5%)
total cash collections in June = $101050
so correct option is A. $101,050
ANSWER
Always state the facts pertaining to your speech.
Always avoid stereotypes during a speech.
Never bash or be bias.
Remain objective.
Have respect for the people and their values as well as beliefs .
Explanation:
Maturity Value = Principal x ( 1 + Rate x Time )
Here is:
Principal = $90,000
Rate = 6% = .06
Time = 120 / 360
Maturity value = $90,000 x ( 1 + .06 x 120/360 ) =
= $90,000 x ( 1 + .02 ) =
= $90,000 x 1.02 = $91,800
Answer: c. $91,800
The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
<h3>What is dividend?</h3>
Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.
Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.
Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.
Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
Learn more about dividend here:brainly.com/question/2960815
brainly.com/question/3161471
#SPJ1
